NASDAQ$QURE

uniQure NV · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

uniQure reported financial results for 2021 and highlighted recent progress across its business.

uniQure reported a strong financial year, ending with $556.3 million in cash and cash equivalents. The company's revenue significantly increased due to the CSL Behring transaction and milestone payments. Net income was $329.6 million, a substantial improvement compared to the previous year's loss.

  • Ended 2021 with $556.3 million in cash and cash equivalents.
  • Revenue for the year was $524.0 million, driven by the CSL Behring transaction.
  • Net income for the year was $329.6 million, a significant increase from the previous year.
  • Advanced clinical-stage programs and expanded the research pipeline.

Headline financials

Total Revenue

$57.7M

Previous: $34.1M+69.3%
EPS (adj)

$0.17

Previous: -$0.01+1800.0%
Capital Expenditures

$3.55M

Previous: $2.8M+27.1%
Free Cash Flow

-$50.6M

Previous: -$40M-26.7%
Net Income

$330M

Previous: -$125M+363.7%
Operating Income

$2.07M

Previous: -$8.27M+125.0%
Gross Profit

$55.9M

Previous: $31.2M+79.2%
Cash & Equivalents

$556M

Previous: $245M+127.2%
Total Assets

$809M

Previous: $340M+137.7%
Stock-Based Comp

$6.89M

Previous: $5.38M+28.0%

Revenue & EPS history

uniQure · Revenue · Quarterly

$57.7M

Q4 2021+69.3%vs Q4 2020
Beat estimate in 5 of 13 quarters(38%)
ActualEstimate

Forward guidance

uniQure is focused on maintaining momentum in enrolling Phase I/II studies in Huntington’s disease, sharing safety and biomarker data, advancing gene therapy product candidates for Fabry disease and refractory temporal lobe epilepsy, and expanding its manufacturing footprint.

Tailwinds

  • Maintaining strong momentum in enrolling Phase I/II studies in Huntington’s disease.
  • Sharing additional safety and biomarker data from patients in the lower dose cohort.
  • Advancing gene therapy product candidates for Fabry disease and refractory temporal lobe epilepsy into IND-enabling toxicology studies.
  • Initiating at least two new gene therapy programs targeting the liver and CNS during the year.
  • Expanding manufacturing footprint with a second cGMP facility in Amsterdam.

Headwinds

  • Risks associated with the impact of the ongoing COVID-19 pandemic.
  • Risks related to clinical development activities.
  • Risks related to clinical results.
  • Risks related to regulatory oversight.
  • Risks related to product commercialization and intellectual property claims.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+1.0%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+2.6%

Avg return

30 days after

59%

27 / 46 earnings

Positive

+47.1%

Q2 2015

Best reaction

-32.7%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.5%+34.0%+35.5%
Q4 2025-32.7%-8.7%+8.1%
Q3 2025-6.0%+7.5%-27.5%
Q1 2025+3.3%+17.0%+15.8%
Q4 2024+3.4%-2.9%+6.9%
Q3 2024+28.8%+40.1%+18.5%
Q2 2024-4.6%-1.3%-23.6%
Q1 2024+3.6%+4.2%+12.5%
Q4 2023-14.8%-23.6%-23.0%
Q3 2023+6.5%-0.8%+19.5%
Q2 2023-3.0%-9.2%-16.0%
Q1 2023+2.7%+1.2%-3.8%
Q4 2022+5.0%+6.2%+1.3%
Q3 2022+4.4%+0.1%+38.2%
Q2 2022-25.5%-20.2%-18.4%
Q1 2022+6.6%-2.0%-5.2%
Q4 2021+5.9%+13.0%+4.5%
Q3 2021-0.3%+7.1%+2.2%
Q2 2021+8.5%+11.5%+10.7%
Q1 2021+0.7%-0.3%+12.3%
Q4 2020-2.0%-11.5%-8.2%
Q3 2020-10.6%-7.0%+7.0%
Q2 2020+10.7%+12.0%+3.7%
Q1 2020+1.0%-3.2%+6.6%
Q4 2019+1.5%+1.4%-11.3%
Q3 2019-0.8%+3.9%+13.4%
Q2 2019-8.5%-9.1%-17.1%
Q1 2019-2.0%+2.4%+5.4%
Q4 2018+7.7%+11.8%+12.1%
Q3 2018+9.0%+0.5%+20.1%
Q2 2018+6.6%+9.3%+21.9%
Q1 2018-0.3%-3.2%+15.7%
Q4 2017-13.5%-17.2%+16.9%
Q3 2017-2.6%+4.4%+4.4%
Q2 2017+7.2%+5.1%+4.8%
Q1 2017+2.3%+3.3%+6.6%
Q4 2016+1.0%-3.1%-10.5%
Q3 2016-6.2%-3.9%-20.6%
Q1 2016+11.8%+16.8%-38.5%
Q3 2015-12.0%
Q1 2015-2.3%
Q2 2015+47.1%
Q4 2014-7.5%
Q2 2014+10.9%
Q4 2013+3.0%
Q1 2014+0.4%
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012

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